Bus.Sys.Grp Share Discussion Threads

[cockneyrebel] 18/6/2003 14:26

Someone's buying big just before the results - that's a 250K mm buy and another tick up on the offer :-)

CR

[drw1] 18/6/2003 14:25

THERES THE ORDER.

[cockneyrebel] 18/6/2003 14:24

Now let me see - I said in the above post I expect these to move up again this afternoon - and there you have it - marked up on a 5K MM trade - are they short of stock or what? Followed by a 100K MM trade - made to look like a sell as it was booked just after a tick up :-)

CR

[cockneyrebel] 18/6/2003 10:15

Okay, why was the price jacked up yesterday then? There has onbly been a few historic trades reported today. Add those to the buys of the past few days and they don't outweigh the smallers sells including a 250K sell a few days ago.

In my opinion the MM's are keen to get stock and are filling a larger order - look for the stock to tick up again this afternoon if no big sells are forthcoming.

CR

[safman] 17/6/2003 16:43

IT hardware sales will probably improve over quarter 3 this year .. The area BSG work in will improve dramatically ....

Depending on the results .. if they are cash flow positive...this will hit 10p.. maybe higher

e-buisness is starting to improve in the private sector .. in the public sector this will outstrip private sector growth by 30 times as mentioned previously...

BSG are in prime position...
Good Luck..

[safman] 17/6/2003 16:33

hmmm.. if i get a chance i may top up tomorrow morning....

[nurdin] 17/6/2003 16:30

Results will show a break even position.Hardware side struggling...consultancy work improving..better margins there so the FD told me.I dont hold but may come on board

[safman] 17/6/2003 15:57

Looking strong...

[cockneyrebel] 17/6/2003 15:54

Lovely - 3 mm's on 6p now, just one left on the offer at 6.5p.

I've been watching the few small sells go through over the last fortnight and the mm's have soaked the lot and still upped the price.

CR

[safman] 17/6/2003 15:20

BSG coming to life... not long to go before results....

[safman] 13/6/2003 13:58

and not 2007 ... i must of been blind when I first looked at my research...

[safman] 13/6/2003 13:57

CK..

If we get those mentioned above.. i don't seriously think we will see below 10p...

+ their markets will outstrip the private sector by 30 TIMES ... sorry guys, not 30% as first written...by 2005

[cockneyrebel] 13/6/2003 13:48

My hopes are pinned on several points.

Loads of cash - £7m -, 50% more than the market cap.

Restructured.

No debt.

High director holding.

Positive noises from the business whilst adding the note of caution that every responsible company has done over the last year.

In addition, companies like Computerland UK doing extremely well.

With results in a week perhaps we'll see the T10 buyers turn up next week.

CR

[deemule] 12/6/2003 18:33

Safman

Yeah a couple of us have been looking at this one might take a punt. Thanks for all the added info been reading the threads best of luck to you to mate .

Dee

[safman] 12/6/2003 18:23

Also that the market BSG are in, will OUTPERFORM the Private sector by 30% by 2007 ...#

They do both private / public sector e-buisness...

It is an interesting punt... anyway off out good luck...

[safman] 12/6/2003 18:17

Hi deemule ..

From 7p onwards.. u r right.. this stock is illiquid.. However, if they show profit, expect 10p - We are quids in in ISYS .. and Hopefully MDY...

Good Luck Deemule ..

PS. I hold 50K in total at an average of 5.37 ...

[deemule] 12/6/2003 18:10

safman
The only problem i can see with these mate is that they are illiquid and the spread. Otherwise you are quite right they are an excellent punt. How many are you holding mate? MDY gonna blow we will be quids in there you have been holding them for quite some time havn,t you ?

[safman] 12/6/2003 13:15

Chairman Holds 55% of shared capital - 35mill shares in free float including instituitions...

[safman] 12/6/2003 13:14

BUY at 6p / 6.5p ....

Any comments would be welcome ...
Note: the sector that these guys operate in and look at the growth - Strong Buy .....

[safman] 12/6/2003 13:06

Have a look at this stock....

Fundamentally undervalued..CASH at 8/9p per share .. when all software stocks were getting hammered this is the statement that BSG came out with...

Note : NO DEBT..


LONDON (AFX) - Business Systems Group Holdings PLC, which provides
end-to-end technology solutions for the business-to-business market, has cut its
pretax loss for the six months to Sept 30 2002 to 0.4 mln stg from a loss of 4.5
mln a year earlier.
The turnaround in results come from increasing revenues, improving gross
margins and a reduction in the cost base.
Turnover increased 7.5 pct over the corresponding period last year to 14.1
mln stg as a result of new contracts and high retention rate among existing
clients.
Gross margins improved to over 19 pct from only 1 pct a year ago, the
company said. Its cost base was substantially lowered with annual payroll cost
savings of over 2.9 mln stg.
The group has also had significant success in its Webgenerics' hosting
offering. This has resulted in revenues for the business quadrupling to over
1.1 mln stg for the six months compared with a year earlier. Earnings before
depreciation and amortisation were positive in the period for the first time
since Webgenerics was launched in 1999.
The Group's balance sheet remains strong with 7.3 mln stg of cash and no
debt.
Chairman Geoffrey Procter said the board believes that the information
technology market will remain subdued for at least another six months, and
possibly for all of 2003, as customers continue to delay projects and conserve
cash.
This is particularly true in relation to hardware and software in BSG's
traditional client base, in the City and financial services, he said. Hence,
although the group will continue to invest in its relationships and expertise in
these industries, it is developing new markets in the property, publishing and
voluntary/charity sectors, where demand remains more robust.
However, while the market remains depressed, the board said it recognises
that the greatest challenge will be to gain new business, especially in the
consulting division.
[e-mail]
slm/

The market that BSG operate in will outstrip the private sector by 30%...

One to watch

[cockneyrebel] 10/6/2003 14:13

A nice T10 before the results by the looks - expect more of these as the results approach imo.

CR

[safman] 10/6/2003 13:03

nice 120k buy gone through...

[safman] 09/6/2003 15:21

10 days to go before results... could be an interesting one...

good luck..

[safman] 06/6/2003 11:11

shame i did not know about it a month ago. lol!

I feel this still has some way to go .. undervalued ..

[dubbsie] 06/6/2003 10:07

Perhaps because the CEO holds so many shares?!! Was very profitable, has cash, could be exciting shame you didn't mention this at a month ago